Siloam Springs, AR Median Household Income By Race

Siloam Springs, AR median household income diversity

Based on our analysis of the distribution of Siloam Springs population by race & ethnicity, the population is predominantly White. This particular racial category constitutes the majority, accounting for 57.63% of the total residents in Siloam Springs. Notably, the median household income for White households is $61,484.

Interestingly, despite the White population being the most populous, it is worth noting that Some Other Race households actually reports the highest median household income, with a median income of $108,477. This reveals that, while Whites may be the most numerous in Siloam Springs, Some Other Race households experience greater economic prosperity in terms of median household income.

For a better visual representation of these income disparities, take a look at the bar chart below. It illustrates the varying median household incomes across races, providing a clear comparison for each of the racial categories defined by the U.S. Census Bureau. All incomes have been adjusted for 2023 inflation using the Consumer Price Index retroactive series (R-CPI-U-RS).

In Siloam Springs, a diversity of median household incomes is evident among households of different races. The Some Other Race households boast the highest median household income at about $108,477. American Indian and Alaska Native households have a median income of approximately $67,083. White households have a median income of approximately $61,484. Two or More Races households have a median income of approximately $59,590. Conversly, Asian households reveal the lowest median income at $49,545. These disparities underscore the varied income distribution within the city of Siloam Springs.

Siloam Springs, AR median household income trends across races

A decade typically encompasses substantial economic changes. To conduct a comprehensive analysis of these changes in Siloam Springs, we have analysed how these changes have unfolded among the racial categories identified by the U.S. Census Bureau for the city of Siloam Springs.

Key stats for each racial category as per our analysis of U.S. Census Bureau American Community Survey:

• White: In Siloam Springs, the median household income for the households where the householder is White increased by $3,322(5.71%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $58,162 in 2013 and $61,484 in 2023.
• Black or African American: In Siloam Springs, the median household income for Black or African American households was $3,283 in 2013(2023 inflation-adjusted dollars). However there is no reported data for 2023, indicating a lack of information for this specific year.
• American Indian and Alaska Native: In Siloam Springs, the median household income for the households where the householder is American Indian and Alaska Native decreased by $39,465(37.04%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $106,548 in 2013 and $67,083 in 2023.
• Asian: In Siloam Springs, the median household income for the households where the householder is Asian decreased by $8,022(13.94%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $57,567 in 2013 and $49,545 in 2023.
• Native Hawaiian and Other Pacific Islander: Even though there is a population where the householder is Native Hawaiian and Other Pacific Islander, there was no median household income reported by the U.S. Census Bureau for both 2013 and 2023.
• Some other race: In Siloam Springs, the median household income for the households where the householder is Some other race increased by $12,793(13.37%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $95,684 in 2013 and $108,477 in 2023.
• Two or more races (multiracial): In Siloam Springs, the median household income for the households where the householder is multiracial decreased by $5,003(7.75%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $64,593 in 2013 and $59,590 in 2023.
• Above analysis reconfirms that there are 5 race households in Siloam Springs. Households are categorized based on the self-identified race of the head of household.

Things to know

Which racial group has the highest median household income according to the Census Bureau in Siloam Springs, AR?

Among the racial categories identified by the U.S. Census Bureau, and the American Community Survey 2019-2023 5-Year Estimates, households with Some Other Race householders in Siloam Springs have the highest median household income at $108,477.

How does the median household income vary by race in Siloam Springs, AR?

In Siloam Springs, the median household income In Siloam Springs, a diversity of median household incomes is evident among households of different races. The Some Other Race households boast the highest median household income at about $108,477. American Indian and Alaska Native households have a median income of approximately $67,083. White households have a median income of approximately $61,484. Two or More Races households have a median income of approximately $59,590. Conversly, Asian households reveal the lowest median income at $49,545. These disparities underscore the varied income distribution within the city of Siloam Springs..

Which racial group has the lowest median household income according to the Census Bureau in Siloam Springs, AR?

Of the racial categories outlined by the U.S. Census Bureau and the American Community Survey 2019-2023 5-Year Estimates, households headed by individuals identifying as Asian in Siloam Springs exhibit the lowest median household income at $49,545 among the identified racial categories.

What is the median household income for White households in Siloam Springs, AR?

In Siloam Springs, the median household income for the households where the householder is White increased by $3,322(5.71%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $58,162 in 2013 and $61,484 in 2023.

What is the median household income for Black or African American households in Siloam Springs, AR?

In Siloam Springs, the median household income for Black or African American households was $3,283 in 2013(2023 inflation-adjusted dollars). However there is no reported data for 2023, indicating a lack of information for this specific year.

References

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